What Is The Importance Of Succession Planning

Succession planning isn’t just about preparing for the future—it’s about protecting the value you’ve built and ensuring your business can thrive without you. In this episode, we break down what buyers really pay for, how your net worth is tied to your operations, and common myths that hold owners back. You’ll also hear real examples and key questions to determine if you’re truly ready to sell or pass your business to the next generation. Watch until the end to see your next steps.

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Scott Beebe

Key Moments In This Episode
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00:00 Intro & Summary
00:17 What Buyers Pay
02:12 Business Owner's Net Worth
03:47 Myth About People In Marketing
05:39 Operations Example
07:11 Are You Ready To Sell?
08:07 Transferring To The Second Generation
09:27 Watch Next

What To Watch Next
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How Do You Create A Succession Plan
   • How Do You Create A Succession Plan  

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🚀 About Scott Beebe
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Scott Beebe is the Founder of Business On Purpose, helping business owners build systems, processes, and purpose-driven frameworks to free themselves from chaos and lead with clarity.

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Video by Nate Woodbury
BeTheHeroStudios.com
   / natewoodbury  

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